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winners and losers, determining who gets educator and how they get educated, those forms of capitalism seem to be gaining the upper hand in the global debate and we have to recognize if we don't address the flaws in our own system like the flaws associated with any college or the inability to create jobs for the free rein given to big investors at the expense of everybody else we are going to lose our influence, the model is going to change and we're going to be at a disadvantage. >> host: what is china doing right? >> guest: they are growing fast. by 2030, china is the second-biggest economy in the world right now. we think of it as an exporting economy but their growth has been internal. by 23 which is not that long way although it sounds far away, they will be the world's largest consumer economy. they will be the ones setting the trend in terms of one car is like and what a washing machine is like and what and ipad is like. they are also building more cities than anybody else, going from 75 cities of 1 million people to two 20 cities of 1 million people to almost 20 cities of ten m
on the job we have a good public education because the government subsidizes student loans. students are able to acquire tremendous amounts of money so the colleges can keep jacking up tuition every year because they know they will get the money from the government. so unfortunately we have destroyed a generation of americans because we have made them borrow a tremendous amount of money they are going to struggle to repay to get the liberal arts degree is that have no relevance in the employment world pity and now they are broke and they've learned nothing. they squandered five or six years of their lives that could have been used productively to use money and to acquire skills that would have provided them with a comfortable living. there are certain things going to college makes a lot of sense that the vast majority of college graduates do jobs that high school graduates could do. they drop out of high school, so this is all a myth that everybody has to go to college, that the solution is to spend more money. it's all left the leave come myth. the biggest losers are the kids that squander t
them education made this new economy. so it wasn't that the government was spending. government and intentionally in a sense was restructuring the economy making it prepared for the post war period. as also an interesting book in the period in the 30's the government was actually giving a lot of investment and that increased productivity and that after the war it increased their returns to the investment in the private sector and so it created a context that was done during the war that said we had public spending provided a context with higher returns. this is an important point. in general, we've got this notion that the sector is complementary to the private investment. i mean, there is a lot of things that people will do if they believe there is an adequate transportation network if they believe that they are going to have skilled workers available because they have had good education to be sure. >> i tend to strip down to the minimal story and would be just about the debt and of course what we are doing right now we have states and government cancelling infrastructure proje
college education of i appeared in public with any group of african-americans. that was coercive pressure. it was definitely emotional blackmail and extremely unpleasant. where should government and law stepping? certainly it should step in where physical and/or sexual abuse is going on which is very often. then it is much tougher to talk about emotional coercion and i actually think as bad as my father's practices where it would not have been right for government to remove custody or do something else like that where religious mandate are concerned, intervention would be justified where the behavior either constitutes gross risk to bodily health and safety, witness children being forgiven to have a life-saving blood transfusion or impairs some major bodily function in. i think female genital mutilation practiced on myers should be illegal if it impair sexual pleasure or other bodily functions. the symbolic kirkwood be a different story. christian science believe children should not be taken to the doctor when they are ill, has also been litigated successfully. some forms of so-called alt
people in the room and i am proud of the will of my law school in educating people like he weifang and other chinese scholars over the past three decades. we need to be as clear eyed as possible. historically, chinese reformers and some of their foreign friends have taken too unnuanced a view. this has made reform in china more complicated. the progress we have made is not inevitable, but often the result of hard-fought battles. it is helpful to underscore how even today it is a challenge to maintain the rule of law. law, by its nature, is dynamic. society changes and requires constant vigilance. i cannot resist one anecdote. the dean of one of the great chinese law schools was visiting me in boston a decade ago. we went to dinner and he said, can i ask you something personal? i said, of course. he said, this is a private, intimate question. i was trying to figure out is this salary, is the religion, is it politics? he leans across the table and says, professor, the separation of powers business -- you don't really believe it, do you? [laughter] he was amazed when i told him it was
schools more competitive and at least one education watcher is hearing all of this and worrying about the costly fixes and wondering, if we are just compounding the problem. our guest is from the education action group much the longer you are in school the more you are inclined to remember what you learn, the smarter you get, the more competitive our kids get and on and on. >>guest: that seems good on its face but you have this notion that quantity is better than quality. what states need to look at is quality. the type of instructor, are they effective? ineffective? the trouble is, we have fought been able to determine that because we don't have a good evaluation system for teachers and unions are blocking that and protecting ineffective teachers. >> there is no guarantee that the districts that the effective teachers will teach more? >>guest: no, if you have ineffective teacher it doesn't matter how long your kid in there. what you need to focus is on teacher quality. what makes an effective teacher? that is what they should focus on. >>neil: leak you i travel a bit and around the w
for college education as well. >> dealing with the mortgage interest deduction would hurt the middle class. >> if you take it in isolation. it depends how you balance it off. the rubric for us is, in has to be balanced. it has to be fair. it has to be comprehensive. it should be on the table to be discussed. we do not think that randomly you can pick things out, without understanding the unintended consequences that would provide. >> on the mortgage interest deduction -- i have a bill setting out there, trying to garner some republican support, that takes away the mortgage interest deduction for yachts that count as second homes. mr. larsen is talking about a schoolteacher trying to make sure it is affordable to buy a home, while there is a mortgage interest deduction available to people who buy yachts. that is coming from the person who represents the land of 10,000 lakes. i do not see a yacht in minnesota. that is the type of reform we are talking about. instead of signing on for that, they come to the middle class. that is where the frustration and fairness lies. >> we have heard from y
the national education system. this is the only way you can invest in syrians. this is why syria has to have a long-term plan to recover. syria needs at least $60 billion to recover. with all the destruction that we have in all of our cities. i will end here and i will be more than happy to answer questions that you have a. >> thank you very much. [applause] >> the first thing i would like to ask you, trying to look more into the new syrian position, my concern is that the rights of the minorities and in the new syrian opposition has not been really addressed as the same issues were also presented. how do you address this issue? your last. trying to think about what is going to happen next, that is an issue that the new syrian position should address. >> the rights of the minorities is an important issue. sometimes we emphasize the issues from their own perspective. when the syrian uprising started, christians, alliance, and christians being killed by participating. he decided to go back to his hometown. he is from damascus, but he is playing a role by training journalist to do the video to
in the "washington post" on the same subject. secondly, in the area of education i wouldn't be here today without good education and opportunity created by the national defense education act. i want to give belated thanks to the soviets for launching sputnik and scaring the hell out of the u.s. economist because as result of it they created a loan program that got me into college law school. we can't give up on that. this kid from east st. louis illinois and for many others, these loans make a big difference whether it's pell grants or loans, but let's look at this honestly. 25% of the federal aid to education goes to for-profit schools. they have 12% of the students, 25% of the federal aid to education, and more than double the student loan default rate of any other class higher education. there are ways to cut back in spending in education particularly as is wasted on some of the schools that will give us opportunities for resources for real education. which can be part of our future. now let me come to the most painful topic of all, entitlements. social security was included in the simpson-bow
are doing that with education, by the way, any profit sector in education, is a competitor to what the government does. is there any truth to that, do you think? >> i mean the decision to give a charitable gift is driven by helping the community directly. when it goes through government, i mean we see every day the inefficiency of that, that the charity's mission starts to drift towards what the government wants rather than what the community wants, rather than the mission of the organization. david: private charity is more efficient? stuart: more basic point, when the government does so called charitable work, it is essentially distributing money, it is buying votes. liz: that's right. stuart: when a private charity does good, there's no vote buying. it is an efficient delivery of service. am i crazy? >> added to that is that many of these charities do rely upon local state and federal money for some of their programs. they are already getting a major cut in all of that to begin with. then you add to that this? liz: yeah. it's upside down and backwards the way the white house and
the purpose of the group is much more education-driven. i think when you say that the funding for the group is going to buy handcuffs. i'm not necessarily convinced that is accurate. >> bill: that was a little gist. when you say educational. what education are we talking about here? >> sure. i mean, i think that a big part of any group like this is safety. and whether or not you agree with what they are doing. separate discussion all together. there is no questions that this sort of behavior is happening. it's happening on college campuses. >> bill: you want people to be safe. you want people to know not to hurt themselves. hurt the university with student funding. i have got to be honest, mr. samuels, the only bondage i experienced at harvard was paying tuition. all right? that was bon dang. why should the university get involved with this, you know, marginal group that hobby. why should we fund it? >> a big part of what harvard does and you look at the office of student life and the organizations that they are funding. they try to find whether they do this successfully again is is a diffe
want our taxes to go to serve the policies of the country, education, charity, health care. i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to a deal. but right now, it's political theater. and it's probably going to look like the simpson-bowles. that will come full-circle again. >> here's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over the fiscal cliff, the republicans are prepared to make the entire middle class to pay more tax to save 2% of the wealthiest americans paying a little bit more. and that's a very bad position for t
and the education and health care but once again this is the number one driver of economic growth. liz: of all the funding might get cut if we go over the fiscal cliff, doesn't that create a massive stumbling block for you guys, what you're trying to do? >> there are two areas you are raising. it will be shifting asia. china is not cutting their commitments, they are increasing their commitments and india is dramatically increasing, singapore is dramatically -- the uk is investing more. we are talking about where is the center of innovation, where will the company's -- it is not that it is not going to exist but it will shift -- liz: we will lose our leadership. >> we will lose our leadership of we don't recommit. liz: are you worried we are not turning out enough doctors and scientists in this nation? >> we are probably not turning out enough research scientists with clinical expertise and i am afraid some young people who are interested in this, do i want to take on all those risks, people struggling to keep laboratories going and maybe decide to do something else. the most important resourc
. it calls for the end of the chronic inequalities in our education system. it promotes economic growth from free enterprise because nothing has done more to lift people everywhere out of poverty. of all people i have ever known, jack kemp did more to personify and personalize this message. every problem does not to support -- disappear from the workings of the free market alone. i would love to say if we just went on the gold standard, it would all be settled. [laughter] americans are compassionate people. there is a consensus in this country about our obligations to the most vulnerable. those obligations are beyond dispute. the real debate is how best we can meet them. it is whether they are better met by private groups or government, voluntary action or government action. the truth is, there has to be a balance between the two. government must ask for the common good while leaving private groups free to do the work only they can do. there is a vast middle ground between the government and the individual. our families and our neighborhoods. the groups we joined and the places of worship. t
an education -- [applause] >> i guess the question is of fairness. you shouldn't have two systems, one where based on your race or class you can access treatment and move on with your life and another one where because of law enforcement tactics and focus, you end up caught up in a system where you can never move on. you're permanently trapped and weighed down by having a felony conviction. the reason i call it a war on crumbs is the type of people we see at the hall of justice, i brought with me some props. i brought with me a sweetener packet. this is a gram of sweetener. most of the time this is on the high end of the amount of narcotics we see people in possession of. sometimes people have two or three sweetener packages on them and we call them drug dealers, you know. that's why we call it a war on crumbs because the amounts we are talking about are mine us schedule. -- minnesota us schedule. the fact -- are miniscule. and based on less than a packet of sweetener, to me is outrageous. and to me this is a positive first step, in my opinion, because at least you remove some of the stigma
to provide them with an opportunity to correct their behavior and move on so they can get education and get employment and they can become a productive member of society. and generally the juveniles, again, that we deal with are not any different than the adults we deal with. these are juveniles that often come from homes where supervision of the home is either not there or is very lacking. there's really a significant lack of role model support so there are a lot of problems already. the juveniles that generally come to our attention already bring with themselves. the problem is there's still not enough funding, there is not enough vehicles to provide the services that are necessary, so that is a challenge for us, and unfortunately, often the drug use, drug abuse and those other things do lead to serious crimes when they in fact do become involved in a different part of the process. the other question has to do with back and track. i don't see 1506 impacting negatively on back on track. in fact, the conversations in our office are today around how do we expand the program and back on track
. i'm not here to make friends. my job is not just to teach and entertain, but to educate. so call me. all right let's be honest. if you are like me, and you are thinking this whole kit and caboodle, it is getting real on exhausting. it's getting real on the market. one, it's very hard to pry off. and today's blah action again. nasdaq giving up 1.87%. fortunately we'll hear from a real banker. later in the show. heard about a weakened consumers today from not only than darden. a particular favorite to the "mad money" stf. stock pummeled and finished down. a stable operation. it yields an astounding 4.22%. scoop it up. but, may not be the protection. it doubles the tax on dividends. can't be in there saying -- darden. one of the biggest retail juggernauts. the gap. sales have become sloppy to surrender $3.57 or 10%. although that doesn't spell the death of retailers, we go off the charts tonight. sectors are really doing -- how are they doing? we just witnessed -- relentless pressure in the oil sector. the department doesn't believe going over the cliff will stifle energy command. toda
cannot go to school. i think malala will become the symbol of a girl's rights to education. >> well said. i couple of contemporary issues, one here and one back in our homeland. first one is the fiscal cliff. you're one of the keener economic minds in great britain. what do you make of what's happening in america? the old expression if america sneezes, we all catch a cold back in europe, as true as ever. what do you think should be happening here to try and get a deal to avoid the fiscal cliff happening? >> i have no doubt people are working very hard to get a deal. i wish their discussions -- well, now we have the president re-elected and we have a new congress. i think it's right they get them to the business of sorting this out. i think america's got to think that what it needs to do is get growth in its economy as well. and it needs to get growth by trade and exporting. i think what we're missing at the moment is a global agreement whereby big powers try to rebuild confidence in the world. yes, have you to sort out the fiscal problems. yes, you also have to have growth because that's
'm not here to make friends. my job is not just to teach and entertain, but to educate. so call me. all right let's be honest. if you are like me, and you are thinking this whole kit and caboodle, it is getting real on the market. it is very hard to pry off. hence today's action again. the dow is down. nasdaq giving up and paint drying. and we are go to hear from a banker later on in the show. we heard about a weakening consumer today from the owner of darden. which happens to be part of the "mad money" staff. finished down 8.9%. it yields 42%. but, that yield might not be the protection it used to be. that more than doubles the tax on dividends. we saw one of the biggest retail jugger nauts, the gap. sales have become sloppy to surrender $3.57 or 10%. although that doesn't spell the death of retailers, we go off the charts tonight. and we witnessed downward pressure in the oil sector. today is the first day when the group got any lift at all. so what do we do? is it game over for equities should i go home? no, no, no. let me first say absolutely not. we have to get either to a cliff resoluti
in the global race by switching from current spending to capital investment in science, roads and education. we offer new support for business and enterprise so they can create the jobs we need. and in everything we do we will show today we are on the side of those who want to work hard and get on. mr. speaker, the office for budget responsibility has today produced its latest economic forecast, and it is a measure of the constitutional achievement that it has taken for granted that our country's forecast is now produced independently of the treasury, free from the political interference of the past. i want to thank robert choate, his fellow members of the budget respondent committee and all their staff for their rigorous approach. one of the advantages of the creation of the abr is that not only do we get independent forecasts, we also get an independent explanation of why the forecasts are as they are. if, for example, lower rates was the result of of the government's fiscal policy, they would say so, but they do not. they say the economy has performed less strongly than expected -- >> [laugh
, the left will find little things about texas. they'll say terrible in education. nobody's health care is covered. >> listen, if we were terrible -- >> and health care. >> -- but why would all the businesses copt to -- >> that's what they'll say. there's all the problems with texas. it's a horrible place. and nobody's covered by health insurance. the other knock is that i guess a lot of the business development is -- i don't know, what do they say, you've got these grants you give to private corporations. cronyism capitalism? >> we are competitive. >> they point to something and say what is it, federal, state grants to companies. >> it's called competition. >> is it crony capitalism? >> in the real world that's how you compete, you compete for those businesses. listen rick scott in florida is a competitor, bobby jindal, susan martinez, they are all competing for those businesses. if you want to sit there -- i'll give you a good example. i think the martin o'malley, former -- or still -- former dn -- >> he's in virginia now, right? >> no. i think he's up in maryland. >> yeah, yeah, yeah
owned by the career education corporation, one of the major league for-profit colleges. his parents didn't have the means to pay for his education but helped him out by cosigning the loans. now the student and the parents have $103,000 in student loan debt. one of the loans has a 13% interest rate, and the balance continues to rise. this young man, young man would like to finish his degree but he can't afford to. he can't borrow any more money. he is too deeply in debt. how about that for a dilemma? $103,000 in debt, no degree. he can't borrow the money to get a degree. many of these students find out these for-profit courses they took are worthless. they don't transfer anywhere. the diplomacy themselves turn out to be worthless and many employers just laugh at them. you would never know that from the advertising these for-profit schools engage in. i had a group of students in my office this morning. they were from archbishop carroll high school, not too far from the capitol here. they are students who know a little bit about being wooed and enticed by colleges, universities. we talked a
, no matter your age, education or experience as long as you have a little spare time. you can literally earn money from your own laptop on your own kitchen enemitable 24/7. but, you know, can't do it unless you check it out. so if you are sick of living paycheck to paycheck worried about job security or retirement, if your goal is to earn extra money from home participated time or full-time -- part-time or full-time, incomeathome. giving away a thousand bucks to somebody just for checking them out. that somebody, lucky person, could be you. check them out at incomeathome.com. >> that's incomeathome.com. sort of at a standstill right now over the fiscal cliff with president obama making it very very clear he's got a plan. he's put it forward. president obama says we need a combination of spending cuts and new revenue. he put out the spending cuts and he said the new revenue has to come with from getting rid of the tax cuts on the wealthiest of americans. meanwhile, we will get a tax cut to the 98 -- to 98% of americans, up to $250,000 a year, and the repu
to cramer. i'm just trying to save you money. my job is not just to entertain you but educate and teach. call me at 1-800-743-cnbc. dow gaining four points, nasdaq slipped .06%. we can talk all we want about what's going to happen next week in terms of earnings, stocks. and we will. but this time our game plan begins oddly and strangely on a sunday. sunday when the treasury secretary of the united states of america will be on "meet the press addressing the fiscal cliff situation. as a student of secretary geithner who has studied every move i believe he will report we are going to avoid falling over the fiscal cliff and get deal. in part because the two sides aren't that far apart. they sound like they are but they may not be. both sides recognize that we will be in a recession very quickly, maybe even as soon as the second quarter. if they don't compromise. so listen to me. the tax hikes are so severe. [ audience boos ] >> the spending cuts, particularly the cuts to the military, are so draconian even some republicans who think a compromise is a total betrayal, they fear the economic c
to educate him. and i am very passionate as many americans are about our second amendment rights, and so i was originally just trying to explain to him. i wasn't trying to be nasty. i was really trying to make him understand where this debate was coming from, and he backed me into a corner and so i came back with a musket. >> well, i think that musket thing was absolutely terrific. but i've got to ask you, i need some help here. i'm going on the piers morgan show tonight. we're going to talk about taxes and regulation spending. so i'm not going to tweet, carol. i'm actually going to be there signature across from him. what should i do? >> i think you'll be fine. piers kind of tends to go to the socialist side of things. he's from britain originally, and he doesn't understand the capitalist system all the time. so i think if you and i just keep educating him, keep explaining to him things like the second amendment, like the free enterprise system, like capitalism, i think eventually it will get through to him. >> how is free enterprise doing? how is free market capitalism doing? i'm kind of
education and training programs is still unclear, as the suggestions are only recommendations to eu member states. >> bayern face off against a byelorussian team tonight. >> boresoff beat them in november. bayern are in top form. >> as if they were not scoring enough goals already, goetze is ready to go. he is first choice again in the champions' league. bayern are looking to top the group with a victory. >> i am confident we will take the situation seriously and do our best to take first place so that we have the first leg in the next round away from home, which is a big advantage. >> badstuber will be missing after an injury. he will be replaced by another german international. that speaks volumes about their depth. as for their opponents, they were beaten by them 3-1. they are fired up, nonetheless. >> it is not every day you play against one of the biggest teams in the world. the team is excited. we want to show what we can do. >> it will not be a walk in the park for bayern, but it should give them a good workout, with tougher challenges ahead. >> we will be back with a look at transp
. welcome to "mad money" welcome to cramerica. my job is not just to educate you but to entertain me. call me at cnbc. believe it or not, i actually used to be a mountain climber. drove my mother crazy but i loved it. always had the best gear. climb up from whatever abyss faced me. which is why i'm donning the finest mountain-climbing attire i can get my hand on because i now believe that we may very well go over the fiscal cliff come january and i want to be ready to climb back out with the right stock after it happens. you can't come from a given day like today, dow 107 points, hey, happy days are here again, right? this is a day where my equipment felt a little -- felt a little superfluous because we had all sorts of happy talk for a bunch of people in washington about how compromise was within reach. however, i think it's been increasingly apparent that we actually may not get a deal in time for the january deadline. something warren buffett pointed out. who am i to disagree. you don't need to change your philosophy just because we cliffed you. long term it might not matter. not all of
we need an education program by learned scholars, such as those in this audience to help us in getting this word out to america. i think it is essential because it is coming on very fast. there are things that are happening that we take for granted. as an example, we take for granted the fact that we can move thousands and thousands of marines, sailors, soldiers and have the equipment without any burden to carry economy, not true. the truth of the matter is is a tremendous burden to our economy to have a national- security policy that defends the country that we love so much. without having the ability and willingness to get out and give the american public forums such as this in helping giving us answers to some of the very difficult questions that they ask, i want to take this opportunity to think robby for what he does. -- thanks robbie for what he does. i met him some years ago when he found my office in an office building. he came in and we had a chat and i said, my goodness, this fellow knows what he is talking about and he has never disappointed me whatsoever. what we
more spending on education and health care lessen spending on weapon systems. that's kind of the big picture. and whether it's nurture or nature, who cares. the idea is that women really need to be at the table and we need to be at the table in large enough numbers that the perspective that women do bring to the table will be heard and will have an impact. >> on the surface, it's hard to disagree with that. but in practice i'm wondering if it's that easy. obviously the idea is to get the best person possible and i'm wondering if it's realistic when you factor in who actually wants to be in public service, who can get confirmed, sort of who is in that pipeline. are there enough women even in the pipeline at this point? >> i don't think there's any question that there's enough women in the pipeline. you know, there are just so many women out there and we may not know their names, you and i. the public may not know their names but clearly women have been entering the pipeline since the 1970s. there are highly competent excellent public servants that are out there and whether they are kn
that work. but ultimately it is about providing greater opportunity, greater education, greater economics, the jobs and growth to a population so that they can have a real stake in their society and can be partners with their government. i assume part of your question is aimed at the whole legalization issue. i think this is an ongoing debate. we are formulating our own response to the votes of two of our states, as you know, and what that means for the federal system, the federal laws and law enforcement. i respect those in the region who believe strongly that that would end the problem. i am not convinced of that, just speaking personally. i think, when you have a ruthless and vicious people who have made money one way and are somehow blocked, they will figure out another way. they will do kidnapping. they will do extortion. there will suborn officials and takeover swaths of territory that they will govern and terrorize people in. so i don't think that is the answer. whether there is some movement that can be discussed, i think it will have to be a topic for the future for us. >> thank
garrity and me why we're wrong. >> educate them. >> please educate them. >> where do i start? jim makes a curious point. i'm not entirely sure what reporting he's basing his opinion about the president on, that he wants to see the country go off the fiscal cliff and into recession. there's nothing private or public that this president or his senior aides have said which suggests that's the case. now, it may be that there are some in washington who think there are some political advantage maybe on both sides. i don't think -- >> could the president -- >> the senior leadership. >> -- be overconfident that their knees are going to buckle and they're going to cave as we get closer to the fiscal cliff? could that be a possibility? >> sure, they think the trump card in this is they can let all the bush tax cuts expire. but what you've seen in this so-called first offer is really just a risk statement of everything the president's previously said. while we're doing this kabuki around the negotiation, is this the first offer? are they trying to prompt the republicans to make the first offer? wh
for education and train science and research. >> any republican who buys this is a fool. republicans have stood for one thing statistically that held them. they are the low tax party. the other guys want to tax to match their reckless spending. if they give it up now in return for nothing, obama wins and high wins big. i understand why the democrats are doing this. they imagine that republicans have no bargaining power today . i say that it is true if republicans resist they will take the blame and that will help democrats in the congress. but obama's never running again. he doesn't care who gets the blame. he is the president and a blame duck. he wants a successful second term. if it starts by going over the cliff it starts with second recession and wrecked second term. >> steve: that's why the president said i would be willing to do anything to get a deal. >> gretchen: it is not a deal. this is what the american public needs to know. this is raising taxos successful people and reducing taxes on the middle class. that is not a deal folks. they will waste your taxpayer dollars and overspend and
, fundamental rights of parents to direct the education and the upbringing of their child with h special needs. this could result in forcibly transferring a disabled child from the home to government-run schools if these unelected, unaccountable bureaucrats deem it necessary, even if the senate puts reservations into this treaty." i ask that this letter -- i have two letters i'd ask that would be made a part of the record at this point. that is one of the other once coming from the concerned women of america. i ask that they be made a part of the record at this point in the journal. ferraro ithe presiding officer:s there objection? without objection. mr. inhofe: i have been an advocate of human rights around the world, ensuring that the world is accessible to those with disabilities. however, i do not support the cumbersome regulations and potentially overzealous international organizations with anti-american biases that inch - that infringe upon american society. you know, if we had not passed what i consider to be the gold standard of the disabled world when we passed -- and i do remember at
, gosh. i would lean towards jeb at this piont because he has really been pushing education. right now, he's got me. host: stephen, who did you vote for in 2008? in 2012.ean caller: i voted for president obama. i really liked mitt romney. why do i have to pay less taxes than my friend from massachusetts? that really bugged me. host: that is stephen from connecticut. tyrone is a republican from the bronx. caller: i think hillary clinton would be an excellent candidate in 2016. i think she handled the middle eastern issue to the best of her ability. also, as far as the gop is concerned, i think she has made strides toward eliminating the tax spending through various commitments with private entities and organizations that are coming out of the woodwork. i was watching earlier today and what they were requesting from the white house was let's fix this problem by incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by
poverty. highlighting things like education are a path laid to burning the right to be heard. because a lot of communities are saying we just don't believe that you care about us. i think that having folks who communicate well is a ticket to making that hard battle happen. greg: i read his books and offense. your latest one, you revert to the republican party as hard wing conservatives. that they are being pushed into political relevance. >> yes, for example, the fight over the fiscal cliff is taking place between speaker boehner and the white house. they put republicans in the senate in a rare type of position where they are in the game, but they are not the leaders of the game. see what is going on in the senate in general. we're republicans should have the majority of the senate, if not highly ontological candidates were nominated by the party base. thinking of someone like richard murdoch in indiana. there's no reason the democrats should not hold that seat. they are putting republicans in the senate at a disadvantage. >> the other thing is that ted cruz is a tea party candidate,
earn the rest of my life. you want me to get an education so off tie on my income for the rest of my life on earth. >> then there's the $16 trillion question. >> then the revenues. there's a lot of questions. >> here you are having been in this business for as long as you have. you're talking to people in real estate all the time. what are you seeing in terms of what they're doing now? does it make sense if you're sitting on something that you want to sell, you want to sell a home, a building, stocks, should you do it by year end given your cap gains tax is about to go higher? >> yes. if you have a long-term gain, you should definitely take it. in january, you'll be able to buy it back. the rules don't apply to gains. you can buy back the stocks take the gain right now and put it in your pocket and buy the stock back a day later if you want. it's likely that -- and i would think that our base case is cap gains go from 15 to 25 and add the 3.8% health care tax. i don't think the market will go up 14%. i do wonder where this tax selling is going to come in. have people done it? you saw
to go to a better school and get a better education, but i guess that's the court decision for now. kayla, thank you very much for helping out this evening. >>> up next on "kudlow" could the dollar bill be on its way out? congress considering replacing the green back with the $1 coin. why stop there? why not the return of gold coins that are legal tender? we're going to discuss it all next up. >>> welcome back to "the kudlow report." in this half however, well, call it a fiscal cliff economic indicator. year end contract wheeling and dealing has major league baseball in a crash cliff frenzy. and just like baseball, taxes really matter for everything. to avoid next year's expected tax hike, companies are changing the timing of dividends and deals and capital gains and private equity partnerships and a whole lot more all to beat the tax man. >>> congress is tossing around the idea of dropping out of the paper dollar bill for hard coins. the government report finds the move could save taxpayers nearly $4.5 billion over 40 years. on the flip side of that coin is now the time for a retu
ask americans today what are republicans for, they don't have a solution. education, by the way, is a good one. i think republicans should be talking about choice. charter schools, vouchers, anything that give minorities more opportunities. >> david? >> look, i'm in favor of the republicans being a low tax party. here's the danger. when republicans say taxes, they mean income taxes. 80% of americans now pay more in payroll taxes than they pay in income taxes. payroll taxes will go up at the end of the year. the payroll tax holiday will end. that's a big tax increase for everybody. 80% of americans pay more. and where is the republican plan to hold the line on those people's taxes? if taxes only mean the tax, the income tax portion of tax burden for four-fitz four fifths of the country, you're talking about something that doesn't matter that much. and in a democracy, you cannot be a successful party if you talk about things that don't matter that much to four fifths of the country. >> all right, your paycheck, your investment, your home, they may all be taxed a bit differently ne
research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. ♪ ♪ >>> at times, i know it can feel like the entire world is stacked against you in this game. >> the house of pain. >> europe's in a nasty recession, united states could be on the verge, well, of returning to the great recession because our leaders can't rise above and agree on anything. and china's still struggling to get their act together and beat their own slowdown. although the communists seem to be doing a pretty good job of breathing new life into their economy. look at that market last night. when you take a global view, all right, things stagnant. but there are still some bright spots out there. and believe it or not, one of the brightest is mexico. that's right. mexico has been getting its act together, industrial and automobile production south of the border are on the rise. and they're growing gdp faster than we are in the united states, much faster. just two days ag
investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. that makes watching tv even better. if your tv were a hot dog, zeebox would be some sort of fancy, french mustard. just like adding fancy mustard to a hotdog makes you go "woah!," zeebox adds video, info, and playalongs to spice up your favorite shows. download zeebox free and say "woah" every time you watch tv. >>> we have a big week for the bond market. we have key auctions all throughout the week. then the big jobs report on friday. you might expect some volatility. rick san tell sli tratelli is t action at the cme. >> the fed meeting most likely will show us that operation oliver twist turns into operation i love treasuries. probably more treasury buying. if you look at a two-day -- i picked two-days because i think it sends the point home -- we've escalated up just a bit on yields you see on right side of the chart. remember we had a three-year week ism headline, three year weak in terms of the employment index right before we get
are neither white nor middle class, nor well educated. that maybe true of bahai's; i am white and it could be said i am middle class. but i couldn't be said to be the typical bahai either in this country or anywhere in the world. the bahai faith is a world wide religion and in fact, according to the encyclopedia britannica year book of 1988, it's the second most widely spread religion in the world after christianity. it is established in more countries and territories of the world and has a significant following in those areas than any religion other than christianity. if you go to the country with the largest bahai population that is india with over 1.5 million bahai's at this date. so there is quite a diversity there. all bahai houses of worship have nine sides; the house of worship here in wilmette is the oldest existing bahai house of worship. it has nine sides for some very simple reasons; they are not complicated at all or convoluted. the number nine is the largest number before numbers repeat therefore it is a symbol of culmination or unity. also in arabic and in persian words have
-heavy new year is no fun. paul golden of the national endowment for financial education is with us this morning. good morning. you have 5 tips to manage holiday spending, starting with "stop at one." > > that is right. that is probably the biggest pitfall that we all fall into. i think it is very common to hit the stores with our list, and we have already bought something for somebody, and then as we are roaming around we will see another item, and it looks like a great gift, so we will buy that as well, and maybe we don't return the thing we previously purchased. once we start to exceed our budget with overspending like that, we are really going to get into trouble. so it is important to really be mindful of who you're buying for. by one gift and stop right there. > you also say it's important to make concessions. what do you mean by that exactly? > > you have to think about everything that is going to affect your holiday budget with your spending. and it's not just gifts. a lot of people will really get into spending with decorations and wrapping and holiday cards, travel, entert
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